Kraken Robotics V.PNG

Alternate Symbol(s): KRKNF

Scientific & Technical Instruments

Kraken Robotics Inc. is a Canada-based marine technology company engaged in providing complex subsea sensors, batteries, and robotic systems. The Company operates through two segments: Products and Services. The Products segment is engaged in the design, manufacture, and sale of equipment, including underwater vehicle platforms, synthetic aperture sonar and subsea power equipment. Its Products business consists primarily of its AquaPix MINSAS sensors, KATFISH systems, and SeaPower subsea battery systems. The Services segment is involved in the provision of services for underwater sonar and laser scanner sensor equipment and underwater vehicle platforms. Its Services business consists of services provided by robotics as a service (RaaS) portfolio of equipment, including its Sub-Bottom Imager, Acoustic Corer, KATFISHTM, and SeaVision. The Company’s high-resolution three-dimensional (3D) acoustic imaging solutions and services enable clients to overcome the challenges in the oceans.

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Kraken Robotics > Looks Like Profit Taking Is Happening At Kraken Robotics

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Post by NLMooseon Feb 21, 2024 2:25pm

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Post# 35891461

Looks Like Profit Taking Is Happening At Kraken Robotics

With Kraken Robotics Shares experiencing two big drops over a two day period from its record high of 96 cents a share to 88 cents a share, looks like the king of oceanic robotics is experiencing some profit taking or having second thoughts.

Due to the large volume of shares traded, especially six million shares, I'm not sure if its profit taking or bailing out.

Talk about a miss opportunity for investors to captailize on Kraken's success.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle